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Tariff reform to reshape power sector
Power and utilities companies are expected to benefit from the upcoming electricity tariff restructuring, with industry analysts forecasting a surge in renewable energy (RE) adoption, grid investment, and energy storage […]
Blackstone agrees to buy Allegiant Florida resort for US$200mil
Blackstone Inc has agreed to purchase Allegiant Travel Co’s Sunseeker Resort for US$200mil, far less than the US$720mil that the parent of Allegiant Airlines spent building the beleaguered retreat. Read […]
Aussie asset managers Platinum and L1 Capital to merge
Australian investment firms Platinum Asset Management Ltd and L1 Capital have agreed to a merger, adding to a flurry of recent deal activity involving money managers in the country. Read […]
OCBC sets loan target of US$4bil in expansion plan
OCBC Bank is topping up its loan pot to S$5bil (US$4bil) from S$1.5bil for entrepreneurs who own multiple small, early-stage businesses, and extending its cash line beyond Singapore to Malaysia, […]
US Justice Department scrambles to defend its about-face on release of Epstein files
WASHINGTON (Reuters) -President Donald Trump’s Justice Department scrambled on Tuesday to answer questions after its leadership concluded there was no evidence to support a number of long-held conspiracy theories about […]
Russian vodka production decreases 10.9 pct in first half 2025
MOSCOW, July 8 (Xinhua) — Vodka production in Russia decreased by 10.9 percent year on year in the first half of 2025 to 31.38 million decaliters, according to data released […]
Ukrainian attack on beach in Russia’s Kursk kills three, regional governor says
(Reuters) -A Ukrainian attack on a beach in the Russian city of Kursk killed three people and injured six, acting regional Governor Alexander Khinshtein said late on Tuesday. Read full […]
Sri Lanka to take legal action against nearly 1,000 for negligence of mosquito breeding
COLOMBO, July 8 (Xinhua) — Sri Lankan health officials have planned to take legal action against 982 individuals for allowing mosquito breeding sites on their properties, the National Dengue Control […]
Gaza health authorities warn of “worrying” rise in meningitis cases
GAZA, July 8 (Xinhua) — The health authorities in Gaza warned on Tuesday of a “worrying increase” in the number of cases of meningitis, especially among children, in the Gaza […]
Pakistan employs innovation, precision farming, sustainable practices to modernize agriculture
ISLAMABAD, July 8 (Xinhua) — Pakistani Prime Minister Shehbaz Sharif said on Tuesday that the country has been taking all measures to modernize its agricultural sector through innovation, digitalization, precision […]